Japan

Money laundering has been an issue for quite some time and even with advancement in technology over recent years such as the introduction of cryptocurrencies, like Bitcoin, money laundering still continues to be a prevalent issue every year, with 2018… Read more >

Due to the poor regulation of cryptocurrencies, money laundering crimes committed by organized crime groups in Japan have increased significantly. The Mainichi Shimbun, a major newspaper in Japan, has reported one specific case where up to 30 billion yen was… Read more >

Between 2007 and 2016, the Panasonic Avionics Corporation (Panasonic) made illicit payments to consultants at its US in-flight-entertainment unit in the Middle East and Asia including payments to a government official at a state-owned airline in an effort to solicit… Read more >

Under Secretary for Terrorism and Financial Intelligence for the US Treasury, Sigal Mandelker has voiced the need for stricter regulations regarding cryptocurrencies such as Bitcoin. While on tour in Asia, Mandelker spoke to reporters and stressed the importance for regulating… Read more >